Answer:
0,087792106 = rate
Explanation:
We need to calculate the interest of the investment
principal x (1 + rate)^time = value
replacing with the know values
24,000 x (1+rate)^2 = 28,399
28,399/24,000 = (1 + rate)^2
sqrt (28,399/24,000) -1 = rate
now we solve for the unknown value
0,087792106 = rate
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Answer:
The best way for the producer of Bubbles to differentiate itself from the foreign multinational is to create a specific market focus or niches for itself.
Explanation:
By creating a dedicated and specific market niche, the producer of bubbles have a specific target market out of the whole market whom they can influence consequently differentiating themselves from the multinationals.
Answer:
(1) $132,000
(2) $66,000
Explanation:
Selling price per unit:
= Sales ÷ No. of units
= $400,000 ÷ 5,000
= $80
Variable cost per unit:
= variable cost ÷ No. of units
= $247,000 ÷ 5,000
= $42
Alternative 1:
Contribution margin = Sales - variable cost
= (5,000 × $80 × 1.1) - (5,000 × $42)
= $440,000 - $210,000
= $230,000
Net income = Contribution margin - Fixed cost
= $230,000 - $98,000
= $132,000
Alternative 2:
Contribution margin:
= sales - variable cost
= $400,000 - ($400,000 × 59%)
= $400,000 - $236,000
= $164,000
Net income = Contribution margin - Fixed cost
= $164,000 - $98,000
= $66,000
Answer:
0.5
They are substitute goods.
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Percentage change in quantity demanded of burgers = (360 - 300) / 300 = 0.2 = 20%
Percentage change in price of hot dog = (2.10 - 1.50) / 1.5 = 0.4 = 40%
Cross price elasticity of demand = percentage change in quantity demanded/ percentage change in price
20 / 40 = 0.5
Elasticity of demand is less than 1, so demand is inelastic.
Also, the cross price elasticitiy is positive, so the goods are substitutes goods.
I hope my answer helps you
